News & views

MAKING TAX DIGITAL EXTENDED

HMRC’s flagship Making Tax Digital online quarterly reporting is being significantly extended with legislation proposed in the Finance Bill 2020-21 bringing all VAT registered businesses into the system from April 2022 and extending it to include income tax self assessment from April 2023. 

Improving your credit score

Any organisation or individual requiring credit should be aware of how they will be assessed for credit risk.  One of the tools used by any potential lender or supplier will be the borrower’s credit score also known as a rating.  A borrower may not know what their score is from one day to another but should be aware of how it is assessed and viewed.

SUMMER STATEMENT: A PLAN FOR JOBS

Yesterday, the Chancellor of the Exchequer Rishi Sunak delivered a speech to Parliament that he called a plan for jobs.  Describing the Covid-19 pandemic as the biggest threat to this country in decades he announced a number of measures intended to support jobs and boost the economy.
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